THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Jo-Ann Stores, Inc. (JAS)

7/17/2006 8K Information

Mr. Rosskamm serves as a director of the Retail Industry Leaders Association. Most recently, he was Chairman of Jo-Ann Stores, Inc. from July 1992 and President and Chief Executive Officer from 1985 until late-July 2006.

5/8/2006 Proxy Information

Ira Gumberg, a director of our company, is President and Chief Executive Officer of J.J. Gumberg Co., a real estate development and investment company. J.J. Gumberg manages numerous shopping centers, 11 of which contain stores of our company. The owners of the various shopping centers managed by J.J. Gumberg Co. are separate legal entities (individually referred to as a “shopping center entity”) in which Mr. Gumberg or his immediate family may have some investment interest. Five of the leases were entered into after Mr. Gumberg became a director of our company and are on terms we believe are no less favorable to our company than could have been obtained from an unrelated party. The aggregate rent and related occupancy charges paid by the company during fiscal 2006, 2005, and 2004 to the shopping center entities for various stores under lease amounted to $2.0 million, $2.1 million, and $1.6 million respectively. In fiscal 2006, the payments of $2.0 million to J.J. Gumberg, as agent, did not exceed 2% of such company’s gross revenue, nor did any single shopping center entity receive any payments from us in excess of $1 million dollars. Two of the shopping center entities leasing to the company are partnerships solely owned by Mr. Gumberg and members of his family.

5/6/2005 Proxy Information

Ira Gumberg, a director of our company, is President and Chief Executive Officer of J.J. Gumberg Co., a real estate development and investment company. J.J. Gumberg manages numerous shopping centers, ten of which contain stores of our company. The owners of the various shopping centers managed by J.J. Gumberg Co. are separate legal entities (individually referred to as a “shopping center entity”) in which Mr. Gumberg or his immediate family may have some investment interest. Four of the leases were entered into after Mr. Gumberg became a director of our company and are on terms we believe are no less favorable to our company than could have been obtained from an unrelated party. The aggregate rent and related occupancy charges paid by the company during fiscal 2005, 2004 and 2003 to the shopping center entities for various stores under lease amounted to $2.1 million, $1.6 million and $1.4 million respectively. In fiscal 2005, the payments of $2.1 million to J.J. Gumberg, as agent, did not exceed 2% of such company’s gross revenue, nor did any single shopping center entity receive any payments from us in excess of $1 million dollars. Two of the shopping center entities leasing to the company are partnerships solely owned by Mr. Gumberg and members of his family.

5/10/2004 Proxy Information

Ira Gumberg, a Director of our company, is President and Chief Executive Officer of J.J. Gumberg Co., a real estate development and investment company. J.J. Gumberg manages numerous shopping centers, 12 of which contain stores of our company. The owners of the various shopping centers managed by J.J. Gumberg Co. are separate legal entities (individually referred to as "shopping center entity") in which Mr. Gumberg or his immediate family may have some investment interest. Four of the leases were entered into after Mr. Gumberg became a director of our company and are on terms no less favorable to our company than could have been obtained from an unrelated party. The aggregate rent and related occupancy charges paid by the company during fiscal 2004, 2003 and 2002 to the shopping center entities for various stores under lease amounted to $1.6 million, $1.4 million and $1.3 million respectively. In fiscal 2004, the payments of $1.6 million to J.J. Gumberg, as agent, did not exceed 2% of such company's gross revenue, nor did any single shopping center entity receive any payments from us in excess of $1 million dollars. Two of the shopping center entities leasing to the company are partnerships solely owned by Mr. Gumberg and members of his family.

5/2/2003 Proxy Information

No related party transactions or special relationships reported for this company. Director relationships marked "Outside Related" at this firm will most often be former executives of the company. Additional information regarding these relationships will be added during our regular updates.